Is SHIB Set for X

• Twitter’s new CEO Linda Yaccarino has shown a positive tilt toward crypto.
• Shiba Inu and Dogecoin are bound to gain additional recognition on the new X Corp.

Twitter Inc’s new CEO, Linda Yaccarino, has been observed following a Shiba Inu account on the platform. This move is boosting optimism among SHIB enthusiasts that they may receive support from the new CEO.

The update was first announced on Twitter by SHIB BPP, a community-driven account dedicated to the Shiba Inu ecosystem. Furthermore, the assertion was subsequently confirmed following additional research undertaken.

Breaking: Twitter’s new CEO follows the $SHIB token account and is the Executive Chair for WEF

— $SHIB BPP (@ShibBPP) May 12, 2023

According to the research, Yaccarino follows only 1,161 profiles on Twitter, one of which is the official Shiba Inu handle. Further investigation also revealed that Yaccarino follows the official Dogecoin (DOGE) account, Billy Markus (one of the Dogecoin founders), and other Dogecoin-related accounts.

The discovery that Yaccarino follows the official Shiba Inu Twitter account, while not following other crypto projects has led to speculation that she might have a specific interest in Shiba Inu or meme coins.

Last week, Twitter’s CEO Elon Musk gave the announcement that Yaccarino will resume his office as the CEO in the coming weeks. He added that his role will be changed to Executive Chair and CTO, with responsibility for product, software, and sysops.

Yaccarino has extensive experience in the media and advertising industries, both of which are inextricably linked to the social media landscape. She has held numerous prominent positions at NBCUniversal, including President of Advertising Sales and Client Partnerships, and is currently the Chairman of Global Advertising and Partnerships. 

Is Twitter 2.0 Ready for Crypto?

While the online community awaits formal statements from Twitter or Yaccarino herself to gain a better grasp of her views on crypto, it is important to note that the speculations and reactions from the SHIB community regarding her social media activity are understandable. 

Multiple reports also revealed that Twitter registered as a payment business in November 2022 and working on features to allow users to make payments in fiat to receive virtual coins that can be redeemed as an award for content.

Recall, that Musk has consistently shown support and expressed positive sentiments towards the Dogecoin. He has tweeted about Dogecoin on several occasions, which has influenced its popularity and market value.

Additionally, Musk altered the Twitter logo to use Dogecoin, sparking rumors that the meme coin would be the official payment method for the X. Meanwhile, eToro has established a partnership with Twitter to provide trading services for cryptocurrencies and other assets directly to Twitter users.

Through the eToro platform, Twitter users will be able to view real-time cryptocurrency, stock, and other asset values and invest in them. However, Twitter’s decision to adopt a particular cryptocurrency as a native token will involve various factors, including technical considerations, regulatory compliance, and strategic planning.

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